NOT LISTED FOR SALE

400 W Riverside Dr Unit 5 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,008,000 - $1,078,000

4 Beds
3 Baths
1,921 Sq Ft
$544/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $850,000 $442 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,914/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • 1.24 Acre Lot
  • William McKinley Elementary School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of October 2021

Lovely updated FOUR bedroom tri-level town-home in Burbank’s charming Rancho District. This lovely town-home is nestled in the best neighborhood in Burbank, just walking distance to the LA Equestrian Center and horse trails. Enter into a grand living room with 20-ft ceilings and gas fireplace with custom marble tile flooring. Large formal dining room with Bamboo flooring along with the formal staircase. Kitchen is very spacious with lots of natural light and has a custom pantry cabinet and granite counter tops. Remodeled powder room for guests with new vanity, faucet, toilet and modern tiles. Upstairs you will find four spacious bedrooms. 2nd bedroom is extra large and would be perfect for a home office. Master bedroom has amazing light and the walk-in closet has built-in shelves and cabinetry. Built-in shelves, drawers and pull out hamper in the hallway leading to the master bathroom. All bathrooms upstairs have been remodeled. In-unit side by side laundry area. Direct access 2-car garage with storage! Property comes with a resort-size swimming pool and plenty of guest parking! Tank-less water heater, newer HVAC, double pane windows and new garage door. Pets are welcome! Close to studios, shopping and dining!

Last Agent to Sell the Property

Becky Richards

Equity Union License #01767305 Listed on: 09/09/2021

Equity Union

Last Buyer's Agent

Jake Gordon

Compass License #01923405

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,860

Year Built

  • Built in 1978

Lot Details

  • 1.24

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System

Additional Features

  • Heated In Ground Pool
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33726
  • Assessor Parcel Number 5625031020
  • $205 per year additional tax assessments

Community Details

Overview

  • 24 Units
  • Tierra Verde Association, Phone Number (213) 280-8400

Recreation

  • Community Pool
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,860

Year Built

Built in 1978

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5625031020
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1921.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 442.48
  • Room Type: All Bedrooms Up, Formal Entry, Laundry, Master Suite
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Features: Community, Heated, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central, High Efficiency
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Verde
  • Phone: 213-280-8400
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Horse Trails, Park, Sidewalks
  • Association Management: Tierra Verde

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 53937.00
  • Lot Size Acres: 1.2382

Multi Family

  • Lease Considered: No
  • Lot Size Area: 53937.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 3016.02
  • Tax Lot: 1
  • Tax Tract Number: 33726
  • TaxOtherAnnualAssessmentAmount: 205.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 29, 2021
Sold by
Cajulis Esperanza S
Bought by
Masukawa Michael Frank and Masukawa Cherise Renee
Seller's Agent
Becky Richards
Equity Union
Buyer's Agent
Jake Gordon
Compass
List Price
$833,000
Sold Price
$850,000
Premium/Discount to List
$17,000
2.04%
Current Estimated Value
$1,045,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,412
Avg. Annual Appreciation
5.45%
Original Mortgage
$637,500
Outstanding Balance
$582,601
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$462,811

Purchase Details

Closed on
Apr 25, 2003
Sold by
Cajulis Esperanza S
Bought by
Cajulis Esperanza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 1998
Sold by
Saikali George M
Bought by
Cajulis Esperanza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.78%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Albert Suzanne R
Bought by
Cajulis Esperanza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Masukawa Michael Frank $850,000 North American Title Company
Cajulis Esperanza S -- Diversified Title & Escrow S
Cajulis Esperanza S -- First American Title Co
Cajulis Esperanza S $215,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masukawa Michael Frank $637,500
Previous Owner Cajulis Esperanza S $150,000
Previous Owner Cajulis Esperanza S $166,000
Previous Owner Cajulis Esperanza S $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $850,000 +2.0% $442 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $833,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,860 $902,024 $635,556 $266,468
2024 $9,860 $884,339 $623,095 $261,244
2023 $9,753 $867,000 $610,878 $256,122
2022 $9,308 $850,000 $598,900 $251,100
2021 $3,546 $311,368 $123,820 $187,548
2019 $3,403 $302,135 $120,149 $181,986
2018 $3,337 $296,212 $117,794 $178,418
2016 $3,150 $284,712 $113,221 $171,491
2015 $3,086 $280,437 $111,521 $168,916
2014 $3,081 $274,945 $109,337 $165,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21199341

California Regional Multiple Listing Service (CRMLS)

APN: 5625-031-020